2010-06-01bloomberg.com

"Dubai Holding Commercial Operations Group LLC, a property firm owned by the emirate’s ruler, posted a $6.2 billion loss as companies in the debt-laden Gulf business hub renegotiate borrowings after a slump in real-estate prices."


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Comments:

catherine at 05:00 2010-06-01 said:
this is huge...............many look to these money piles to fix losses around the world and we here at lender know when you start bleeding like this............ahem..............it always grows and grows in this fertile environment Permalink

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